Modern India Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 27-07-2024
- Paid Up Capital ₹ 7.51 Cr
as on 27-07-2024
- Company Age 91 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 821.94 Cr
as on 27-07-2024
- Satisfied Charges ₹ 380.92 Cr
as on 27-07-2024
- Revenue 107.65%
(FY 2023)
- Profit 12436.83%
(FY 2023)
- Ebitda 925.03%
(FY 2023)
- Net Worth 10902.61%
(FY 2023)
- Total Assets 33.15%
(FY 2023)
About Modern India
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 503015.
The Corporate was formerly known as The Modern Mills Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 7.51 Cr.
The company currently has active open charges totaling ₹821.94 Cr. The company has closed loans amounting to ₹380.92 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Modern India Limited India are Nawalkishore Deora as CFO and Parind Badshah as Company Secretary. Anand Didwania, Kaiwan Kalyaniwalla, Gauri Jatia, and Five other members serve as directors at the Company.
- CIN/LLPIN
U17120MH1933PLC002031
- Company No.
002031
- Stock Symbol
BSE : 503015
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Oct 1933
- Date of AGM
28 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Modern India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaykumar Jatia  | Managing Director | 30-Dec-1994 | Current |
| Nawalkishore Deora | CFO | 01-Feb-2015 | Current |
| Parind Badshah | Company Secretary | 14-Oct-2013 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sidhant Jatia | Whole-Time Director | 17-Jun-2021 | Current |
| Satyan Israni | Director | Current | |
| Anand Didwania | Director | 31-Jan-2001 | Current |
| Kaiwan Kalyaniwalla | Director | 16-May-2014 | Current |
| Gauri Jatia | Director | 30-Jun-2003 | Current |
| Pradip Bubna | Director | 29-Apr-2002 | Current |
Financial Performance and Corporate Structure Insights of Modern India.
Modern India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 107.65% increase. The company also saw a substantial improvement in profitability, with a 12436.83% increase in profit. The company's net worth Soared by an impressive increase of 10902.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern India?
In 2023, Modern India had a promoter holding of 93.96% and a public holding of 6.04%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jatia Properties Private LimitedActive 10 years 9 monthsGauri Jatia, Vijaykumar Jatia and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 06 Oct 2023 | ₹4.09 M | Open |
Hdfc Bank Limited Creation Date: 06 Oct 2023 | ₹2.47 M | Open |
Others Creation Date: 24 Jul 2023 | ₹50.00 Cr | Open |
How Many Employees Work at Modern India?
Modern India has a workforce of 46 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modern India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Modern India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
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